Murdoch's Bid to Restructure Family Trust Denied

Rupert Murdoch's attempt to amend his family trust in order to grant his son Lachlan control over the family's media empire has been thwarted by a Nevada court. Commissioner Edmund Gorman ruled that the proposed changes were made in 'bad faith' and amounted to a 'carefully crafted charade' to secure Lachlan's dominance. The existing trust stipulates equal control among Murdoch's four eldest children—Lachlan, James, Elisabeth, and Prudence—after his death. Murdoch argued that consolidating power under Lachlan would benefit the family financially while maintaining their conservative media legacy. The ruling has implications for the future direction of the media conglomerate, particularly amidst concerns over its political alignment. Murdoch plans to appeal the decision as family tensions remain high over succession issues.